The Money Saving Expert Charity
Grants of up to £10,000 are available to not-for-profit organisations in the UK for projects that focus on building financial resilience and capability skills.
In 2023/24 the Money Saving Expert (MSE) Charity replaced its themed rounds with two open grant rounds each year, while the maximum grant award available was increased from £8,000 to £10,000 (of which, £500 can be used for essential IT equipment that will assist project delivery). Up to 10 applications are expected to be supported in each funding round. Grants, which are for revenue only (the Charity does not fund capital works), can be used for any activities that improve financial capability.
The Charity has retained its interest in applications which use memorable, innovative and or creative ways of delivering financial capability and life skills which will make a lasting impact on the way people think, behave and manage their money.
The Charity defines financial capability as influencing the attitudes, skills and knowledge around the ability to manage money well. This can be from day-to-day or through significant life events, such as:
- Bereavement.
- Inability to work through disability or injury.
- Major long-term illness.
- Moving house.
- Pregnancy, and
- Redundancy.
During the year ended 31st March 2024, the Charity awarded grants totalling £105,348 to 15 projects. Projects supported are listed on pages 3 and 4 of its annual accounts, while a number of case studies are available on its website.